SCHEDULES
SCHEDULE 6Transfer schemes
Employment contracts
I15
1
Rights and liabilities under a contract of employment are not transferred by virtue of a scheme if the employee objects to the transfer and informs the transferor or transferee of that fact.
2
If the employee objects to the transfer and informs the transferor or transferee of that fact—
a
the employee's contract of employment is terminated immediately before the transfer date, but
b
the employee is not to be treated, for any purpose, as having been dismissed by the transferor.